FTX Sues Binance, Former CEO Zhao Seeking $1.8B Clawback
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By Alex Wittenberg

The estate of fallen cryptocurrency exchange FTX has sued Binance and its
former CEO Changpeng Zhao to recover $1.76 billion it says the defunct
company illegally transferred prior to its collapse two years ago, alleging
FTX used customer money to complete a share repurchase that it couldn't
otherwise afford.

 Complaint attached | Read full article »
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